TechnipFMC scores work on ExxonMobil’s seventh oil chapter in Guyana

Sept. 26 (offshore-energy.biz) UK-headquartered energy technology provider TechnipFMC has tucked under its belt a new multimillion-dollar subsea assignment, which will enable it to help ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, to bring to life an offshore oil project in Guyana’s Stabroek block.

While disclosing the award of a substantial subsea contract for ExxonMobil Guyana’s Hammerhead project, TechnipFMC revealed the deal’s worth to be between $250 million and $500 million.

Thanks to this contract, the company will supply subsea production systems for the seventh deepwater oil development in Guyana’s Stabroek block, for which a $6.8 billion investment was recently unveiled.

TechnipFMC’s scope of work covers the provision of project management, engineering, and manufacturing of subsea production systems, supporting both production and water injection capabilities.

The company claims that the subsea architecture will include products from the Subsea 2.0 platform, including subsea trees, manifolds, and associated controls. The Stabroek block partners are ExxonMobil (operator with 45% interest), Hess (now part of Chevron, 30%), and CNOOC Petroleum Guyana (25%).

Read full article: TechnipFMC scores work on ExxonMobil’s seventh oil chapter in Guyana – Offshore Energy